The Wall Street Journal reported on July 25, 2011 that despite an outsized share of Ivy League degrees, Asian-Americans are underrepresented in executive suites. According to a report from the Center for Work-Life Policy, a non-profit think tank, roughly 5% of U.S. residents identify themselves as Asian American, but they hold less than 2% of executive roles at Fortune 500 companies.
Only eight Asian professionals currently lead Fortune 500 companies, includingVikram Pandit at Citigroup and Andrea Jung at Avon. Yet Asians often hit the work force with highly coveted degrees. Asians and Asian Americans comprise 16% of undergraduates in the Ivy League, according to the National Center for Education Statistics, and 35% of undergraduates at the top three: UC Berkeley, MIT, and Stanford.
Thus, WSJ confirms 80-20's report that despite the highest educational attainment, Asian Americans have the lowest chance to rise to higher levels of management. See: www.80-20educationalfoundation.org/projects/equalopp_washingtonpost_wpad.asp
The CWLP report surveyed 2,952 respondents of all ethnicities, including Asian- Americans (half born in the U.S.). One-quarter of Asian respondents said they face work-place discrimination.
Do you wish your children and grand-children to succeed to the fullest extent of their capabilities?
If you do, then you must support 80-20 Initiative, because it is the ONLY organization that has the voice, the contacts, and the clout at the highest levels of the Government; and the political courage and savvy to advocate for the interests of Asian Americans. And has the proven track record. Click here to See 80-20's Top Ten Accomplishments:
80-20 is the only organization that asked for and received a written commitment from President Obama to enforce EO 11246 that will gradually break the glass ceiling against Asian Americans. See: www.80-20educationalfoundation.org/politicaledu/obamareply.asp
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Ved P. Chaudhary